MJ - You might be correct. But I do know that Lincoln Financial has tendered talent contracts that do have format change contingencies.
In the case of Mikey, he had already left Rock 105 in expectation that his co-horts would be leaving with him when he was negotiating his contract. They balked, leaving Esparza and fm 949 in a very awkward spot. I don't think he was in a particularly strong bargaining position, since he had to assemble a whole new team (of radio amateurs) from scratch.
Now 949 is in an even more precarious situation since they now have worse ratings than they did before Mikey came on board.
Everyone in radio knows there are two types of contract...a "no-cut" and the others which allows the station an exit. Did Mikey have a no-cut? I would love to find out. But as it is, all we can do is speculate. I am sorry Radeo that you were not aware that there exists "no-cut" types of contracts versus others. Just because you don't know, does not mean you should get overmodulated.